966 CORMORANT Path, Pickering

Price: $899,000

4 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Townhouse

MLS#: E12933706

Beautiful 1+ year new freehold townhome offering approximately 1,762 sqft of well-designed living space. Bright open-concept main floor with 9-ft ceilings, large windows, and a cozy fireplace, creating a warm and inviting atmosphere. Modern kitchen featuring a centre island and brand new granite countertops, complemented by stainless steel appliances.This home offers 4 bedrooms and 4 bathrooms, including two primary suites-a rare and highly functional layout. One primary bedroom is located on the upper level, while the second private primary suite is uniquely positioned between levels, featuring its own ensuite and impressive 13-ft ceilings, creating an airy and elevated retreat. This flexible layout is ideal for multi-generational living, guests, or a private workspace.Additional bedrooms are well-sized and situated on the upper level, perfect for family living. All upper-level bathrooms feature upgraded granite countertops, offering a consistent and refined finish throughout.Extended driveway and private backyard provide added convenience and outdoor enjoyment. Ideally located close to Hwy 401, 407, and Pickering GO Station, with easy access to schools, parks, shopping, and everyday amenities.Move-in ready and in excellent condition-perfect for families or investors.

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$899,000 - 966 CORMORANT Path, Pickering

Townhouse for Sale in Pickering

78 days on market
4Beds
4Baths
1,500 - 1,999Sq Ft
Townhouse
Property Details
MLS Number
E12933706
Property Type
Townhouse
Status
active
Days on Site
78
Bedrooms
4
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Pickering
Listing Brokerage
RE/MAX EXCEL REALTY LTD.
Description

Beautiful 1+ year new freehold townhome offering approximately 1,762 sqft of well-designed living space. Bright open-concept main floor with 9-ft ceilings, large windows, and a cozy fireplace, creating a warm and inviting atmosphere. Modern kitchen featuring a centre island and brand new granite countertops, complemented by stainless steel appliances.This home offers 4 bedrooms and 4 bathrooms, including two primary suites-a rare and highly functional layout. One primary bedroom is located on the upper level, while the second private primary suite is uniquely positioned between levels, featuring its own ensuite and impressive 13-ft ceilings, creating an airy and elevated retreat. This flexible layout is ideal for multi-generational living, guests, or a private workspace.Additional bedrooms are well-sized and situated on the upper level, perfect for family living. All upper-level bathrooms feature upgraded granite countertops, offering a consistent and refined finish throughout.Extended driveway and private backyard provide added convenience and outdoor enjoyment. Ideally located close to Hwy 401, 407, and Pickering GO Station, with easy access to schools, parks, shopping, and everyday amenities.Move-in ready and in excellent condition-perfect for families or investors.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,612.34/mo

Includes CMHC insurance ($25,082)

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5-yr fixed avg.

Principal: $809,100Interest: $549,519
Mortgage Amount$834,182
Total Interest$549,519
Est. Property Tax$637/mo
Total Cost$1,383,701

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Pickering

Discover Pickering

Pickering is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Pickering

  • Convenient location in Pickering
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Pickering offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

966 CORMORANT Path, Pickering

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,080/mo
Range: $2,618 - $3,542
Cap Rate (ROI)
3.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,080
Maintenance Fees-$0
Property Tax (est.)-$637
Insurance (est.)-$187
Net Cash Flow+$2,256

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $599/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 78 days on site, this property has exceeded the typical selling timeline for Pickering. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Pickering have shown strong appreciation as families seek more space.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Pickering. Good resale value as demand remains consistent.

Bathroom Count Matters

With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

Investment Perspective

Looking at this as an investment: Pickering properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,746 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    966 CORMORANT Path, Pickering — $899,000 | Battaglia Team